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LEtDSCHUACM IINCORKMTED) cor4TEPrn OFTHE FIIW4CIALSTATEMEi4rs F(IItTHEYEM ENDEDII OECEM•ER21Tr24 3 10 9 Bal¥K•She to 14 to 22 23 to 24
iEEDS CIAIACN INSTITM IINCOAPOUIEOI REFETIENCE ANDADMIMSTRAiwe DETAIiS FOA THE YEAR ENDE0311)ÉUM• J)24 Canoh PD J (aNted 2616n4) Rv•JDCty LGroert¥ld C4rKnAD14id Rewj KWTar&èrdl•ppth 3VIOn41 AS Iresiwd ionn41 Ag¥d SAHanroxlw¢5wod 3JIVZ41 P JS•KlJathlren&l IOl7r241 4Jfv C•ls WstYorknl¥r ¢ryW WesiYclAF (hwthofErfd F¥r•ts Clw*d¢ Ltsr EC2V8DZ
LEE CHURCH IPSTMJTEUNCOAPORATEDI
IpinioDLICTION BYTHE CHAIR& Phtsw
FOMYEAR tI
REPORTOFThE TRUST£E5
FOR THE YE ENDED31 nEaMW11024
The Chortty's formal •bJEcts tontinut to be to pro7. ath•rtearl afvj educaikni Ibtsth reMEtous aThJ setyjlwl
¢owbstrnt th fv Chris¥•hlaith •5xwused htthur(TOfftsin ThE thwityoper¢5iswlihln
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Lo•ds thurth Iftsiitirte ¢•ntsrwed il thÈ th. wtth 9eop of fths throu¢h edllionaI
In attowdano %tsith thtir dutles pursvart to settitih 4 gf tt crth$ •LI 2011. the TnJstee5 hrn C
LEEDS CIWIICH.INSTITIITE IIP4CORPQAAIEDI FOR TKYEAIÉNDED31 OECÈM•ER 2024 In 2024. i¢eth Churth Irltyle (ltINd to 4 varlpj and caknlr OF PIk4110n1 resoxth medla pro8warthme5. Throy8h wurse ol tt )at. pwle auoss leeds Of mafry •ltended e¥¢nty LCI PD5ted and F4th •ndThed suite of IrA¥otives tlot erya¢ed, de4etoped arxl wJpXttd •rtW LeJs ¥thcE5 frf4lttrL ethypera radkal affected ty the departure of fts knd- H¢kn Re. tkn 0 pt(lOT of LO. major èwects of this work CMIIMed, 54xh as puthtion offA w ofcTrYtkO, LO knAar511p5 fDftsYo MAand othe MRes SIL4lènts and a Theokntr deWaate Èxternèl mL¥lule F4cell these hwe now become IneORted into pl•ns of wrltten •rwJ online re$Drrvre wthced aTrJ sh•rEd twllefy. The mbjor cce5s in tTrM5 area ofd •rt F•str4al in 2024. Dtsloplr from themaNy ethryytrd5OIwL¥1 ShaS Creatmtycarwd and Jowwtothe Marw. tht fe5tfval WtLytherihÈ vario5 streafflselwork undertathert in the we4vjustw01r5 de1¢0 a 5v5uofentsd tslks to 5h¥e re5ult5wtha In •ddrf4lon to the Chalr of Sarwry saw resth. lth tt Cl¥. 11$ I¥)$ vldets ONJ fesources 5pendln8 manyv4eeksWtchJrthesand Ollv¥enues a(yossthedty. kn•ddrtw to lThUal alm of thetslr.io promote sanctuary . tt yojert a150 touk on meaw as it twed Itod4 With eath new [On brfnOf¥ nEw xleas lnS tht demcfistsed kn 2024 ty thè hard ork the team Tyk Fh & Radal $tice was absent lor Jn eAteThJed wlod oftlme. 8roups raise ¥tht whar rS to pPen ir• our A group of from d¢llttent denomina0 took the resuhs and fmm the event and Conti¢4 kn wtyk tther to flnd ways fwward to raclil lustke. Thew focus remalns to be relatI$thIp buM&up( debytoth • Irarne¥rt for thhE5 A8aln5t Radsm will eortiNetsde¥ekp in 2025. tlr suppov¢ ¥olf0 to como fromcyofSBIyary. The Hook LecDJre 2024 lorthe thurrhts and artv. l• p•rtrtstr4) with leeds Mlnrter the SCI01 of PhlknsopFry. Rellw'on and Ilistffjf of kiErte at thÈ Llrkn7ty of iÈd5. TW ¥en Rx4 A&4dle. Tec ol Inclulon Justlce for (hurches Teeether Irt 8rltain and Irelatkl. Kty Mo¥emonts For Ch•w'. After the ertnL asked, Leed5a5ed wrlteraTrJ beattwerTeament a nber01videts Sed oh real Ild expthen thuf¢l¥
REPORTOFTHE TRUSTEts FOR ThEYEARV4DED310E(Ei•ieii 11124 F41th •tthe ljlar an'at-arm'>knth' ap04th. LCI'5 to show wertlerKe d thsamty wiltsft Lee45 fOfnmpyth5 that ¢Ontr¥ted wlth tr Ixk ot vL51blMty of n m¥ry ch¥h conVeil0r4 tr deloww ut Orf1 Cr5e1 a ser1 Thedoty athd f4sablllty Leeds Chwth lfistitute Leeds Clbtem5 cunbhued Tmork In portbnNp w prornote I[Y40ent ol falth Commune$ C0mmur LY8arysiry. La workEd to bulld the new Leaderthp Team. swported dtepEr rePth-tkn OA thrw8h blo De¥elopm•rt ol tl Hook ieciyre 2025 uwyjer the Farth at theme. ¥th the fvrne bEin¢"fvobthÈt or PrIdt be a prophÈtit volce for tharn%e m¢dir4 the reds ol tho¥e in tl m¥h>' wall be 8iven by Jon KuhrL Ihe Chlef EMecutNe of W Irrto a rbatbll Clw15tyin dmrity pknriw thurthÈs to Pr¢¢ for people haWèbeefthelES lft addltlam tothe%t aspetts oftht ¢dut•tbwl pr(¢ LO he& wtmkim rJ55# ts¥isiDll. mi55th andvalue& aswell as de¥Èlopln8 a rw stre8ic an for or8•NsatsM L4Ylerft5 Direcior. 44ot 2024. as to t$1 b¢in8 in ethScal. effectrt elflo¢rrt¢h3ritse orythti Id•ntrtythat refierted tho ¥knnr¥ofour 8¥owth were rn0 knith enco¥wn8 fesults. an Iruea5e lft lollowers on Fa¢eb&)k aTh1 an INIustry tsndard erqa8¢M rnr¢. TreWa$ al an ireasentlAwsOn aNla8ain a halttrty on8aym•ntrate. The LCI emal with members •thd cojr frrm %trenth to strenoh. adthonal subscribers, and over haw of em•ls opened Ictympared to tl cl21%1. arnl trere alw •5 an abry4e a¥era8¢ rate of d1th50n krth5forlurtherbrrftTh•WryL Z024. In diwllxrted seve thour w05. Irxludiry fi tssues of La¥ wel recehd publIcabo Clty Theow. tMth celEbfated Its tenth ih 2024 7th 4 5pKlal In addItio LCI distrtl>e publxaticns W thec40praltl$well •sthrMtsndsofrrffir¢ed kanetsp1KLs¥ys •Jd LCI AnNal General Meetlry wasw in Jdy wa5 atterKIEdarKI 5#r ¢hne.tl knpaci Rewrtfor 2023 Leeds c1¢h lftstitute contrThJed to be ljwd at 43 Tr Caf4. prernises that It srS t*6th ther$ iee05 Srtry and Leeds Ths is n3% a r4aci Irttknr¢d rtney$ P4sES
lEE(mUR¢H INSTITUIE1114COAPWTED) REPORTOFThE 1AIISTEES FOR ThEYeJA ÉNDEDJI tfqMBTr 21114 ¢11 p05M•Th The finartlal positth Icf 20241$ a510. Incomefor 2024deLYeoRd by£40.107to E15Q41612023.. £19QSS31. . Effp&wJJtwe Tothl restyrntvjedd¢ed£èddrt 2024 ty£62349to £383.31812023:£445.6671. The nei I1 ol e%perfiiure (ver inrome Ibthe aTrJ kns5e51 ueated a ofE232N212023: defftlt of £255.114k Th15wa5a ped as Lclconikwiolmpknertt 5yearplarL who"thare La'soffire spxe {Pul•l Leed5S•Aryl. and dotiatifroffl Expethre $thbeeOthe£u#Mu#fft ofLO's dÈ¥tlWplan.11 2023thert¥r•teOstsYety1OfftaINa[nkn$ the New Market street buil pi•x to sth. tnswir¢ that la's nv4V 8t 43 The Calh Is a and w¢l¢prnl ènbaronft ftyt4xh stsff •d These tosts rw ce•d altht Aew M•knt Stieet bJKknÉvrts sokl in 2023. •Thd LO "2024J trrt •N coryod to budpt set tr¥ COLW was tsryty due t• tt vatarty of the Dtrecto¢s Ns well as s¥ir¢s ¢n tr LiFeaorf5 vias a1UrEI man4errrrt 01 tosts reSUry '5¢meth beiwpaused.. Fr1ndl•14SA1ltys Lwltdln£ has nNeeased. Attht4GMl0i202•q$l¥I3Iawc(cMthe ¢ywnsd La's Nstorlc SThewlorJtwy tNs questn has been ¢ondycted •rvJ. Jt INS state. there Is 5pert l* hltfttiw to the Df sla%ry. Trknever, LCI dkl
itEDS CIKIRCH INSTrruTE{INCORPWTEDI REPORTOF ThE TRUSTEES .TO Wotect a steady 8mual real IvK¢ffle whkh of ¥tkast an ewlvalent of acthlty of LCI year on the kirfertevrn.. . To foifrpAt aN Irp4e5tmEnt de%Md to pra¥ld• IE4ol irKLTh thtt mitcPs in1 ard protsas fv real value of apital ovor the lorqtenn: . To follw a pohLy wlwch prty4destr5erity.mIth tre athle wxzl rewrnc0mmr•EÈwlthlhe ethk•lyJldellres olthethwth ol EId. The srtst4y adoptsd Isto lyrrtst tt os¥ets In 4 mi¥ of llect property and The are hdd atKI Mare by irsvestmenl MSer5 hwe fvll day day man¥¥bpNt of assets. LCI has a(kpted the q •thbcal0LddrnS45the ChLthdErylaTh Ule lThlk4k1uals ¢sIderI fwhith bank io dÈKsIt thElr into w whkb to irwest thelr savlw iry the Councll w4ntstoerthurethat ia'5fvr¥ls ** ser¥lnBicfs thètitat4eobiedt4ese•ÈhhliÈts afe w belnB3gerrt tyLCI. TheCoundllw• chos•fb CCLA to manage iCI's Irivestriients b5¢ 11 aws vmth La.$¥al uitl LO ve45 ty use i¥ cash rE5eTh5 dwecttry, is knponaiitthat lxymadeto for CCLA'Swark h8sfourstwands: l. En8a8ementts¢u5edon5ocial aThl erNivonmerrtal ¢Xtof chr1 nwsslon and¥Jlkne l. SetNn8 appropriate wnstralr5 hwe5trrtrrt aThl £b¥Te (($ered by the Churth of En1¢f$ ElhKal In¥eAment hl¥tswGroup IEIAGI and th? C8F FundsTn. 4. Resp¥bltIeS undef the UK5I¢wardsh Code the UN pr51 Re5pN¥l>lÈ IrvesirnentlPRII. F¢Y LKampK. in 21)24 h¥4• lo¢¥sed'on •ir Inspknd trtht ShareA¢kn's •lr quDIty worK ahd with clear dence of thE l¥Jm•n and evnI11 by F4>Y guaoty. COA ILSned lor$ with Guys & 5t Tho¥nas' FfmdJttiTh aftd SEI Out tts ueatt ¥ mectrAni5m lor MaTed$S atsj rèthehte ts the of wban alr polhjtkni. Thiralm isto the ifTdesimertir4ustry thi5 detseTh waccÈlerate ¢teff{¥ts to me35ur•, dlsdose red emi&slon5 of toxlc pjliutafits abr. &tessful iwlemwtthn 11 trKin8 abo Mowafid Its USÈ are a retwrent theme kn the fsJsp&. Ai same Vme, thes0rw>onOrnIC Cyr1CeS oftho carnrwrth wTrwch Jesus Tr1$ere0 are wrfkan rfthrentfrnm s4 of i. tt folk7ws cmsldqrable (¥Te 55 needEd tranalInI thrtstfan commitiTr•nts rL•1dQdth> 805terud. M.120211. A Trtlsew Clrfi%b•n bankn"r¥(w 318). A)SI& vrtth our Irt4estor5to enswethoryc¥ryeWfovts Jremad• humath •nd ewl¢wl btyxthsor¢)ur Ih¥esiments. fvJpE FTrnd>120151. LI11 Ioocare EIlr. 2024 was • rease•aL4y stÉth year fw LO'S wxl th? v•kof io's rfyed. lie•I5ed unrea115ed nÈt ylms of £167.669 were retorded for thÈ wr12023: £994.0241. Asa re5uIL ia's ¥stmerrt5 had a marketval gl £6.055,067 as It 31 Oecember 2024 1202J: £W73961. •ltef thE s•le of tr 14thv Market Street the proceeth ¢ertrated El.$25.CQO. were mowed to 4 Oe&ywted fvTrJ,wtFwfutthwil be used tolTr¥esr Inthe rAwfe5ye¥dwelopftnt an.tthe of2024 thlsfundstood at£l.037,01 knpwtrn¢e of mivkn of h1¥e51 trj the reseThw of LCI thE tourKII £nUeS to dose morutor thE pprtorrnance ol the p1100. The Irfve5trrt polty Is of dlrett arml rnarket•ble Irmestmerrts wlth a lffl rsskprofde.Th¢ln¥e#mvrt5arn ld mTheC8FCmYth olErnd Irfi*5v Fw
REPORTOFTHE TRUSTtÉs Tre CBF thurth OfE IiwesimertFw The CBF Churth ofEnthnO Property Fund TheCBFClr¢h of ErlaTrI Global EqutylrKome Fur¥1 ThÈ(BFClwrrhol Erval Depo4t FuThl 15.30% 5.05% 20.80% 23% &82% Atth end of 2024 ICI Ild5 sub5tsntkl ossetsin irwesknentshithwtykJelrthm& Itkthe]m thatthe )cenESenernte Is fullv spent eath year on Wrk of LCI. no trj acvJThJlats •y¢ of tNs lffle to create fither resefft4 and value Reco14¥ the fir¥111 im&dlc•tb)rts of ts rurr•ff 5 year pknn tre fund5 01 tho thJrity wrihln the b8lanc• sheet ère tattriSed C5VJOted fund."S year KAn" a rn¢ral thxKL 80th rne up the Umestrktrd F$01 io mw#irythtytfi be used I$11dEPWQpriate. ThÈ De4inaW fuThl."5 year0eOt F&h" ivas esiayistred usir¢iF 8rrs4 Ithe salt Of New Mafvt Street bullding l£1.525.(KQl. The current plèn Is beithR l0re¢ tr•5 fvn& As ai 31 Detwtw 2024. after year 2 of the ear platt Desiwed I)¢ s £L05714Thse lu%M15 Iv•E been IrFJe#d CBF Owrth 01 Eid Dep)sM frtd In r0[1 ttheY1 be used in tre m¢diuTrt To tO¥V5hart twm needs a rnknlrnwi blan01 £4QtKXl Is (34L Is replthsw •$ CtsF assets whlth ¥re readltyMaetseandVAh essenii¥ty repres•MthEyrrallts Desplte a bJth1EntJr as6wfft•ntiwrèikngdePrtlL La dw10 W ltyel of1$t$. rAwiD&2025 LO intendstourfitknits Allpmant .. . conlinne thelmplernentstbjn ofthE 5 F4èTrlrrtttiI20z7k pthl¥ly mabx¢ •nsfor2026: . To wo¥ktsfuffilthe LCIThewof¢a .Su5tnknE effectP4e Idalk$ApSW11h thurcls beiwthterq1vd lThwlderdty lire,. -MaInnIn843The C3Nsa%a peofwK meetsryandpartwsPip: The thorty Is ntrcld by rt% a dryd and • knrred cumparry. Nmknd by warnntee. as defined by thn¥$tI(K T charty alrns tv edvcat•)n In ordEf tytery aspects ofth 805pel fLW tr aty. énd Is cornrnltted to partnershlp otherortarfsatiD•i The Ir&ttbeWa¥f•YJryJedtsy the thenVar of Leedsln 1857 to advarKe edut•tiort. both relW"oys and secular. ber3rnea thJri¢¥blE company. rnd by 8uavantr4 In 1919. hs work yerned by • memornndum Lttds Chureh Insiiiute CourKil rnet in 2024. fEptytsfrtyn ts stsff trèrn. èrnl the 2023 An#1 Re AGM VAS leld in In persm hd (lIr throu4b 2024. with.an emph5 in petson Deiai1so1t tru5tegswho ha4v ¥eryYl+Jurrythe)w•rtlbsiEd onpap L. . None of trt had aryperwD4 intre%ts re4Uwi diYt105we. Newx tTUSte¢5 are appoimed th¢ rnembers and an IndOn by DIrectoron LeEdsClwwth knstitute andTe¥)nsiblknIIt
REPORT OFThE TAUSTEES
F(IIITHEVEIII ENDED DfCEMBEII>)24
The thjndl of Leed5 Cfrojrth lfillitute nts * letlb4e time5a year as a full Qwn(il. Leeds lthSt¢lute staff delepted
autknrlty to cany out the ttrd•y Tmork pdiw •yd GyJrKd 411 oryarsaIti1 pojities in
H15torfcally. Leod5 rth In51itute has been rkneiy asSCKJx ¥Ath the Dfjc
INDEPENDE EXAMINER'S REPOATTOThE TPIiSTEESOF ieEDS CIIURCH INSIITLFfE {W4CORVORATED) I repcrtto thetharftytnfflees onnryexaTh1lrnO1ti¥ts oftho Ccthparry the yearended 31 December202 As the chailty's trustees ol tl Compry 115 direetrx5 fty ttr puTroses of comparry lawl are respor41ble for the prepaiatiorthofthe aots In KreI1hthÈIeqfftfi(thÈcry 12W6llhe 20C6kt' eli¢lble lor irxlependert Examthtion. I Itptrt in rt5pect of my of ywr charitys auourtsas carfied undu 5ecDo 145 of the Charttles 2011 lyl 2011 ktrl. In carfvry fyjt my eA•hirtation I ha folloed DiFeeths bytht Charlty Cwmlsskn unthf Secim Ibl ofthe 2011 £L rncausewbelkn: thattheacctyJrtS 8fvt trueand faIr¥kbISt1 ni4tterwn •5 Plrt olan lrbJep¥Ènt tht tcounts ha¥• been prepared In ¥(L¥d•e the meiiThts Syirfwes of the tl¢t01 fiecornmoryjed Pracb¢e ts accowrtln8 and res)rtv¥ tr¢ thar$ ¢1¥e to a(trwts th aran[ vAh n•n(&l RepOrtsuard applat4einthe RewbfK of elrI1 IFRS 10211. In thi$repDrtingwder toentha k¥oper ur¥Jer51andwofth¢•ccoum5ty bE readd. Th¢rnas Coombslimiied (hortefed Accountants 3365ThE CffluryW•y Pa WestYo¥kshke 21 May 1ty15 Pwio
LEEDS CIWRCH 114ST1 IINCORPORATEDJ STATEMENT OF FIP4ANCIAiACWMT5 (INCORPORATING AN INCOME AND EXIEPlDinMECoUNYl FOR YIIE¥fAR£f40ED31 DE(£MBfR1014 fotol Dofftavorf al le¢acs 4187 182.366 T1 190.$53 RarsiTryS Gire Trol(e5 J3? 27J37 Faith and Creatty Faith and Aadal Jwllce Faiih andTheolsJ8y Faith •tthe MaT8iThS 58.536 58536 J¥95 65M2 413,5 J•3J 415.667 psttsmlrNewnents 16769 394.024 NEf114fOMEI(WEWXTUAEI 13¢910 CONCILIATIONOFFuf4tsS Totsi funds 1)UglOrward 624W? 4101.557 175264 6244467
BALANCE SHEET 2023 T• AXEDASSErs Taw1bleass Investynents 4K429 54017 5.887,396 6JISS IQW4 5944411 CURRENT 367 2x971 C•5h atb• so 76J33 WJJ Arnournsfalliré thJe7hithlThthie)Yar 14.70) 142841 N¥fcuRRENfisSEfs Z97.054 6J75264 4240.467 175254 17 Urdrestrttted fuThls.' ' GenEI hJFKi sardE¥dDPert pkn 4.970.581 L269 I1)3714 175264 6.24Q461 TOTAiFUNDS &175364 31 De¢ember202 InK£ordanceth Settw 476ofthe Cmp¥MesArtXi ensurln8 that the charltabl comparry att1r rettytltt¢rrirAy with SÈeti 386 •nO ofthÈ Ctynp•nlts t2W6and BnarKial statem5 aY4 far view oftr stste of of the ttrwitsbbe tompAry J5 It the d of e•th finantial ano of its ( dekn lu ¢¥h fi111 year h) the rewirements of SetivJn&394 39Swfid whh Other t•mptywTth the rewa.IRments oftsk Companies Aa.1(.•tIrrf to Ibl
The flnantial statemuts •ppru¥td ty Il* of TnutoesaNI avttK>rW for iS5W 21 2025 on its behawbv.. LGr0enEw•kl-fnthe
LEEDSOIURCH INThwfE IINCORPOMTED) PIOTESTOTHE F1P1AN5TATEMEPlVs att0rdce the Cbarttles SO8P IFRS I41,¢011% bych¥ibes:StatementofRtttqtyffoed Pracbce appfKabte to charities preparity thEW a(Cnts in %tothe thE hnancTral Rewbry StsTrYard applkabte In the UK and RepUL¢ ol Ireland IFRS 1021 leffec1h l larty 20191.. ReFPrtlr¥ StrI 102 AeF•rtin¢ stsrnIArd •pplicatye in ts UK Ind RepybfK Qf Irtyarnf and li CordparAes The Ilrwrjal s¢emets have been wepated under the cosr ith of Ir5nts wtbh irtlud&l at nwrket lu¢ 4$ The fithand41 are on • ¢orKern ba$15 the htsthric41 cost convenik)ty mc41fled th Include ertth hems at faw ¥•Jue. The flnartial ststernW are wesentsd thch Is the fvnctional of the thartty and tOtsn¢ed reare# L appld in prepJwlon of tl financial far the next 12 aviMlity ol opltal. the thr( art of the opinlon that the comp•ry will rqm•n vhblo for thè freseeablÈ futwE aThJ thEse statEm2Dts hkn been preparod on the 8oln8 Uabmhles ¥e reccythd as e<penditin as Sor as ihern i¥a leeal o(c<thciK ¢vmrnltt•l8tht charfty to that kpfiditure. prrt)JlE that a transfer ol bfits bE reqthd in Xttknent ¥t tt affwnt of t measwed Feliably. Evwhdituro 15 aCCOLWrted for on an actrua15 ba515 and hJ5 bo•n dSIfied under headlrgs that ageregath all related c•t¥¢Lwy. 74I1we coAs<amx be ¢trecdy to P4rtkul•r h¢adin81 Tw8iblellxed4stts Tarylble ft%ed assets are staled at cos¢ or v•ktion less dyeoakn. Asets tr•r fl.W) I taphalksed as ired. Cpreclatth 15 pfo¥hl&J orb al Axed assets at ratss ¢thlted to vrt¢ off the COSL estimated resk4u•lvalu•. oftheauetso¥trtsr¢xpecwd W¥sfolb'.. Mant& E9wpment IOX. 25% bnce $1$ A ré8ular annyil re¥ew of the likefiw of 13set is wvjertakat. ba$ of tN5 •amlne thè S5tts In thdr curyent ¥sè and trTt that ¢vrr¢fft w41ue $ mateii¥ty Ircqn the va reported In the Investment properties for ththkh fr v4Je br wst or ¢ffort are JDeasured at falr v4ut at¢h rlportinidale hdb•ry5 In.VIn5/ ¢knssesl Ir$ents,1othe SOF Monitt earmawked.trrf dorKy5 or an appe f( woJe¢ty accoted lor sep3r8tely. In I$maY be on 4nyle8ttimated1wftae¥kno51dd0 knthe CWS mtmDAnthJm 01¥550rl*JorL
iEED5 CIWRciiIMsllTuieiiNCOAPORATEDI M¢)TESToYHEFIIIAIKIAISYAIEMÉKIS.t•fflhK FOA THEIEAA EIIOE031 DÉCEM#Ek2024 trartsfer510 de5Wtedfund sMeffni of fjnandal Xi]leS thows separately the FerJe atsj traftslws reL4tini to resvic¢ed fv$. liatsrfitt¢5.' these trad• aftd ottrr d•bws •)d from ban$ athd otherthlrd rtIe co•trattLwI w<wMs¢fthe instrt¥D• fiti8ntyal¥sels ttssd asree•vablewithino araYÈ rxxanx¥ti finCbI1 liae5 lothv th¥b th¥fied ¥ p ithin anE parl •rE Ila rne•£ured * yesentvalue of fvwre (ash IIow5 arbj SLthueth at amortisd ¢ffedtrrt Intsrest 8¢ ftharKlal fv4bili15 da55ed a5 wyal1ewit or¥eara not affl0$ed. F181 assets and &ablitl•s are offsel ht arno repted in tr fon•nthi $tents. tkn ihere is a IERal enfortble rishtto setoflthe T¢CO8nl&ed there IS an kniemtirm to setwe cn a bas15 orto fEaN5e the asset Subseqwffjty. ttxy •re measud ai fa[rtrIth thJr¥Es WEcowd in'rteaTriSIIkns1 iThve5trnenlS'iththe SOFA cortlessirnpairnot 2023 T4)181 funth Totsi furK15 44.251 138.115 .J39J2? £24.8401. PaEÈ15
U>5 CHURCH INSnn>Th IIPKORPORATED) Total lur fund Proporty mwyme•tand relrteOfee5 45QI pro>rty 27.563 33.062 Dirert Costs lsae note 51 commun31$ FaIth3(]ty F¥thartd AacialJv5bte F3fth andTherAoev Fth atthe M•ryl ,157 536 11595 3•3.31A 10.054 &iio 7.974 l5 Teltphorte
Jndries IndependenttA7nHn•tion 199T 4.076 Z727 EAuiprnÈThtexpes AccouDt Depreaat Nortkthar8¢5 7298 Raies Rerrt aeanknR4thJ Aefuse Prwrtyeosts transfwted tycosts0frafwS Lepl and prolt5yoThal Staff saLirie5 EmF4ryrfers 111 PenOnsI)rth1r1t$trff Tra131)dre L976 9.775 23.220 10.306 127.5621 1842 15.087 21487 4,377 286 19,398 'X506 Events aTrl $in•r5 LQ v•ort wand5 F41th0nd R•0•iJusdce Falili¥ndTheok Faithatthe Ma 9m 4O45n
LEEDS CHURCH INsTrtu (W4CORPORATED) 140TES TOTHE ANANQAL STATfMEP115-MvrtoM FQA THE YEAR Ef4DeO 31 DKEMIÉA 2024 Oroutht"lorw¥d Iwss on 4$pIdItank ass 4$72 9.a33 Corwvatr•%fityrwltirindl¥Wual LOtAxrfk sty¥¥errfavallEtr2023thJe ts adwrqt Mi¥¢Wl0T2024 01 £17712023.. £S91 and1<0591£376I2O1J.. £I)¥Tr Feh1U Reimtwrsed expenses. al subied to thè Kffocesse5 d krtEil ctytsols. d¢ not of ronuneration. srMF¢om 2023 waKeSa salèrfes bal Security 179.532 12.171 29).591 1S.OB7 23.487 215302 239.165 The rtmUral ofts kryrnwe pxe1 was £26.92112023'. £57,636>. Ilelmbw5ed tvpenses. èll $ie to the of h)tern* cryitrols. do rt form of Totsl Donaticqbs Ind lept 187 1>1553 IXl.553 EXPEI4DmNIE 011 311 32.062 Pw17 ctyrtlnu¢d...
LEEDS CHUKH IP4STtniTr {IiKoth)MIED) NOTES TO ThE FINANaALsfATEMEKfs. ¢•ntWd FOR THE WEMDED JI DECEM•EN 1024 Total fvnds 413.Fl)5 413.605 44Sfj67 44%66y NotRalns onlrprtsin 3Y.024 394.024 INt(IME 134910 RECQNOUATION OFSU14DS Totslfvyvjs bmu8thf<¥wa 410¥557 101,557 TO7 FUMDSCAARIEDFOAWAND 6.24Q467 6.240.467 TJ4GIBIE RXEDAS5ET5 and ffttlrffjs cosr At l Janvary 10244ThJ 31 Detember2024 70.? IThECIATION At ljanvary 2024 Chryft<y¢ar 14.704 At 31 Oerember2024 At 31 December 2024 At31 OeceThber2021 $4017 ii. UnU5ted At Ilanuary 2024 Aev0htiOnS 5887395 5.08735% 167.669 At 31 C*reml)er2024 6.055A165 NEfaooKVAWE At 31 Oe¢•rnber 2024 At 31 2023 5887J95 5.887J96 tunllnued...
LEEDS QNJRtH INSTill {INCORPOMTED) NOTES TO THE FINANCIAL5TATEMENT5-¢oned FOR TNeYEAg EPal£D3I DE(EM8EAI024 ii. 2023 TheC8F ClvJrthdErrnl kr•estment Fur 158.613.3711023.. 161613.371 IresOre$ 3.8x796 3MIL556 The cFrth ol 6k Equity 85P25S612013.. 85.025.%l Imte4MShJre5 273391 257?87 The CBF Clwrch ol Erfar PropertyFund 416.435.6712023.. 414435.67) 510.175 The C8FClwJrthofErNI D¢wthFurMI 1.3nm3.$312023.. IX37&991 SlTra L377W4 L3.377 The above rornnw In¥estyneAt lurn4s egaNished vThder the Chwth Fwd5 IrNesvnent Mt•wrE 1958 las ¥rnendÈd me t0me>. ThofvThJs spread Ofkndr¥idll t4uths and hv¥esimentk Futh detsilsofthe C8F oIEn¢knd Fd5(an be ¢)btalrnd fw(xn ww.cthxryuk valt ih 2024 Thecomp•nWs atlht baL•Ke shettdète sTrHre cawta lrthJdethefOl10 Cl•ss of thayw. Ordinary e8ateuWtsI The articles of assorjation of io Tr•dlre Linwtrd requlre tr of the eomparty ts be pd to p4r¢nt thartty. £rtdf2s. £NIIi5 r2£oedaS i pftalltorJlbVtythO leedsch Institijtellrwyatedl. Paee 19 ccntirvjed...
LEEDS CHURal IIISTtfm IWICORPORATEDI )TESTOThE Fif4AIKJALSTATEMENB. tonllhwd FOA YHE YEAA É14DED31 DEEll)I4 61.367 2023 491 &770 Otr¢red0rs ZY7 1245 4763 6,284 At 3V12124 At vin4 In fund5 GEnefalfvnd DEwated. 5swr dv¥Elowrrtpkn 4971I5SI 167.669 175264 1652Ql &175.264 ns and GefUnd ate& Spardwdowtsnipwn 167AO 16Y 167 TOTAL FW4P5 TraAsfers At 3yi2123 At vin3 fu•ds fvnds 6eoÈralfuftd oe*wed.fftd os%et 394.024 4.389,458 15.914.458) ¥52%0 4.970,581 S914.458 125%1141 L269.U6 6.IOL557 IX910 6.240.467 TOTALFUNDS 6.IOLSS7 U8,910 6,240.467
IEEOSCHURCH P4sfiTm IIIIC(WORATED) NOTES TO THE ANAMCIALSTATEMElll5.¢•nllrNqd Gainsan41 los%es Movqrnerrt Infvnd5 UnresirtdwlfuDd5 Gerrdlfund LSknlt Sye•rdÈYelowntntpkn .553 12>J.5531 1241141 394.024 394.024 255 1141 JXl553 190.553 445.6671 391.024 L38.910 Leeds (h¥rch Ilrthporatedl ple$ in the Pen51on 8vOder Sctrme 5eciion of C4VPF fw W staff. CWPF 15 adfflin15twed ihe Church ol ErWand Board. ith hok4s the CPF assets sepwatdy from those of Il Ernployrand other p•rtscwtirryempbftrs. L the Oefined Benefitsscheft 2. the pen0 8ulklerS¢hEmt. wl4ch . adeferred amuity secti kmwn a5 Pens Ouilderaa •d. b. a tash laIre SeCn knrA¥Tras p¢1n Burfder2014. Verthn Bulldtr aas prgwdes a ptiiwjn. acaffi1ed frorn Contributior paKI cowed Into 4 dtlerred anr¥Jty. riry p10yrnent based on ternis set teWed by thÈ (hurth of EIJ 8wd from flme ty the. Oi5cretion3ry IrKrease5 MaLSO be a¢kM deF•Yln8ty7 IINe5Dllertieiwnsafid otherfxws. retiremert. Penkn (lbu$ ao retorded ac(ovnt ts each mernbv. Di5cfEti&iary t•ius may be added stherne 15 fDwldtred to bE a s(1 as l1bed bn Se 18 of Ffts 102. Ths 15 bÈt•u%e It Isrnt POSb to attribLrte the Pen51un bu1 WYme'$assttsa knrlstO speaft emplDyery wwsthat contslbutlons are accoumed for as rfthe knrne werè a thfined contyution ThE pl1)n$ eosts th3ryd 10 trt 5DFA In t year are the cc¢rtrthtiohspayable12Q24.. £21125. 2023.. £23.487J. A¥alvation of the PM5ion NMld•rSchErre ts rd OhtÈ ¥ytlweeyews. rtwrtWdbJatkn w•$ carrled a5at 31 Oecernter20ZI Ftythe penslohBuild¥(Itsy¢ 5ttith. thE 2022 ¥Oltrati rthe•led • swWuso1£34Jm en the a$5umpkn usod. Ai tho most recent anrtu•l review effectht i 2024.thE rh)seto yant a d1streon1ry b5 of6.7%to both pern5 notyrt in payment and pen5rn51fj py¥htt in reswtolstiyKe prwio April 1997. ar a bonus orb pe0$ Ih paymerf¢ kn respect of pom 2LTh sv¥Ke so that thE pensK)n wth15e was S% (where uyjlty r(.w0d be culated b•sed on infiatityl upto 1.5%). Thslouowed lrnprfy4eThThts in the fw¥jI POSitb)n 2023. There is no requlrementfor For the Pension Buitd¢r 2014 ¥ettw. tl 2D2Z ared • wrplus of £ffi M tr a$5umptkirys used. P4e21
LEE05CURcm INSIITUIE IINCORPOPATEDI NOTES TO THE AP4ANCIALSTATEMEI4TS.Mnt• FThE YEJA EIUOJIDEtJIABtxx)24 ThE n£rtva14ti0n i$d&s&t 31 Dec•thr2WIS. The oal siruebjre of tr 5drne 15 suth that empIryr tslts. iteds Churth Ibistitute (Incorated) c(wld bEcorreresrth)sth forlrYa ShOf tsrfaldQlrf$pÉr&1on blab11lÈ 17. ieedschyrrh InstJtuie liwjratedllsa charllthcrmparty. 1lmitedtyw3rwrteeaI has rw5h4Ter•pltsl. The mEmbw$ have a8rted to tontribute £1 exh trthe Chrlty'SaSSÈts ¥ndIn1 up, rf its assets should 1Th5uffident